Investors traded more cautiously in yesterday's session as increasing coronavirus infections weighed on risk sentiment.
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Positive developments around a potential COVID-19 vaccine fueled a risk-on mood in yesterday's session. Stocks rose across advanced and emerging economies and, in the U.S., shares of Moderna - a company working on a vaccine - surged close to 7% after a small-scale study showed its experimental vaccine produced high levels of antibodies.
Markets started the week cautiously as investors moderated their hopes about the U.S.-China preliminary deal.
The appetite for risk that investors showed in the previous sessions seemed to moderate on Tuesday and risk-on flows were more contained.
Despite the weakness shown in the sentiment indicators for some euro area countries, investors' optimism on trade tensions fuelled risk-on flows.
Financial markets ended the week in a positive tone fuelled by better-than-expected data released in the main advanced economies.
Markets were mixed as investors eyed the Fed meeting. Ahead of its decisions, European stocks declined moderately and sovereign yields were little changed.
Markets exhibited a more cautious tone in yesterday's session, leading stock markets to a mixed performance across advanced and emerging economies.
Markets started the week on a risk-on mood and on the back of fresh optimism on U.S.-China trade talks.
Investor optimism around trade talks led to a moderate risk-on mood at the end of the week. In particular, officials said that sections of the first phase of a trade deal between the U.S. and China are nearly completed.
Yesterday's session was driven by the last ECB meeting chaired by Mario Draghi and October's flash PMIs
In yesterday's session investors traded with a positive tone while awaiting for today's ECB monetary policy decision.
Yesterday, investors were cautious in a session with mixed signs around trade tensions and brexit.
Investors started the week trading with optimism due to positive signs on the trade talks between the U.S. and China.
In the last session of the week, investors traded cautiously as they awaited for what was expected to be a key vote in the U.K. on Saturday.
Markets were mixed in a session in which the EU and the U.K. agreed on a new exit deal.
Markets moderated their gains in yesterday's session as investors focused on geopolitical developments and a few economic data releases.
Greater expectations on a brexit deal led to broad gains across financial markets.
Markets ended the week in a mixed session.
Financial markets behaved differently on both sides of the Atlantic, reacting to different drivers.